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Hut 8 Mining Corp. HUT Compute Revenue Asic Compute

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Other financials

Income statement

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Revenue$71.0M+226%
Gross profit$45.5M+1,341%
Operating income-$370.4M-151%
Net income-$219.8M-64.2%
EPS (diluted)-$1.98-52.3%

Balance sheet

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Cash & equivalents$160.0M+47.6%
Total debt$18.2M-65.3%
Total equity$1.4B+43.7%
Total assets$2.6B+66.0%

Cash flow

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Operating cash flow-$27.2M+19.6%
CapEx$36.6M-42.2%
Free cash flow-$63.8M+34.3%

Valuation

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Market cap$14.01B+331%
Enterprise value$13.87B+340%
P/S49.3×+24.7×

Profitability

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Gross margin59.7%+17.9pp
Operating margin-191.6%-226pp
Net margin-109.8%-256pp
FCF margin-108.6%-32.4pp

Returns & leverage

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Return on equity-26.7%-38.4pp
Debt / equity0.0×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Hut 8 Mining Corp. in its filing.

Tagged under the XBRL concept hut:ComputeRevenueAsicCompute.

The official record: Hut 8 Mining Corp.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s compute revenue asic compute?
Hut 8 Mining Corp. (HUT) reported compute revenue asic compute of $62.12M in Q1 2026.
How has Hut 8 Mining Corp.'s compute revenue asic compute changed year-over-year?
Hut 8 Mining Corp.'s compute revenue asic compute increased by 403.5% year-over-year, from $12.34M to $62.12M.
What does compute revenue asic compute mean?
Revenue earned by providing specialized hardware computing power for blockchain or data services.
How do you interpret compute revenue asic compute?
Growth indicates successful scaling of mining operations or increased demand for compute services.
How does compute revenue asic compute compare across companies?
Primary revenue driver for Bitcoin mining companies and high-performance computing providers.